Abstrakt:

Transportation represents a very important factor in the national economy development. This article deals with the development of land and pipeline transportation in the Czech Republic in the period 2009-2014. The focus is mainly on financial health of the given sector with the objective to identify its strengths and its weaknesses. Financial analysis is an important part of financial management. Financial analysis results serve as a starting point for decision making by management, by owners and by other external but involved parties. The centre of attention of a financial analysis is the short-term financial situation (ability to pay in one year horizon) as well as the long-term financial situation (ability to pay for long-term obligations). Effective functioning of the relevant sector has also an impact on financial health (achievement of profits). Despite the fact that financial analysis is based on past periods data its main reason is to give forward looking information. Financial analysis is used as a support tool for decision-making processes. The financial analysis of the land and the pipeline transportation in the Czech Republic is executed as an external financial analysis. This financial analysis is based on publicly available data published by the Ministry of Industry and Trade of the Czech Republic. In this financial analysis the basic financial analysis methods are utilized, primarily the method of ratio indicators is used here.